In today’s top news in digital-first banking, CheckAlt is collaborating with LEVERAGE Payment Solutions to take on the challenges in supporting indirect loans, while Cross River Bank is reportedly in early discussions with potential suitors about raising roughly $200 million. Plus, Wells Fargo is reportedly...
In today’s top news in digital-first banking, Blend Labs Inc. intends to go public, while InComm Payments says it is working with Flexa to provide clients with a simpler way to accept digital currency. Plus, The European Commission is looking to create a new Anti-Money...
Indonesian digital bank Jago is planning to create user profiles from technology data that will help it develop and market financial products according to customers’ lifestyles, Reuters reported. “Their daily lifestyle can be information for us,” Jago CEO Kharim Indra Gupta Siregar said in an...
J.P. Morgan will take a 40 percent ownership stake in digital bank C6 Bank, according to a press release. C6 Bank provides a full suite of products including things like multi-currency checking and savings accounts, debit and credit cards, travel and loyalty programs, investment and...
Philippines’ Voyager Innovations, a payments startup, has raised $167 million in venture funding, according to a news release. The company plans to build up its FinTech division, PayMaya Philippines, and expand into digital banking and financial services. “We have seen a quantum leap for digital...
In today’s top news in digital-first banking, Fifth Third Bank introduced an offering that provides early access to paychecks, while Deposit Solutions and Raisin plan to merge to create a pan-European group. Plus, the Fed’s annual bank stress tests indicate that large banks have sufficient...
In today’s top news in digital-first banking, SWIFT’s new transaction management system received an endorsement from six global financial institutions (FIs), while USALLIANCE Financial has chosen the FIS Payments One system. Plus, Citi has appointed a new sales leader for Treasury and Trade Solutions (TTS). Big Banks...
If the pandemic has taught us anything, it’s that economies, firms and individuals are inextricably linked with their money. Chinese consumers can order luxury goods from Europe. European firms can set up shop in Latin America. Latin American workers based in the U.S. can send...
In today’s top news in digital-first banking, Nicolet Bankshares plans to buy County Bancorp, while MAXEX has secured an investment from J.P. Morgan. Plus, New Jersey-based CRB Group has bought data and risk analytics company PeerIQ. Nicolet Bankshares Acquires County Bancorp In $219M Deal Nicolet Bankshares plans...
